In PLR200946010, the IRS ruled that income from a trust providing health and welfare benefits to retired state employees is excludable from gross income under section 115 and that trust contributions and amounts for group-term life insurance provided through the trust are excludable from the retirees' gross income.
Posted by Jessica DiLorenzo, Associate Editor, Wealth Strategies Journal.
Posted by Jessica DiLorenzo, Associate Editor, Wealth Strategies Journal.

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